CBI Urge Government to Fund 5G Fast
The Government must act fast on 5G funding and policy to secure UKâ€™s economic future.
20:42 17 December 2018
A report released by the Confederation of British Industry (CBI) is urging the UK Government to act fast on funding and policy as it could risk losing its competitive edge internationally.
The report highlights that while the government has set the dates for the completion of national 5G and full-fibre network, its policy on full-fibre broadband and 5G mobile network is being overshadowed by Brexit.
CBI UK chief policy director Matthew Fell said: “Inâ€¯today’s world, digital connectivity matters more than ever,” said CBI UK chief policy director Matthew Fell. “If data is the new oil,â€¯thenâ€¯digital connectivity is the pipe that transports it. Seamlessâ€¯connections, fromâ€¯full-fibre networksâ€¯toâ€¯5G, offerâ€¯unprecedented opportunities for businesses and consumers across the UK.
“Our country isâ€¯alreadyâ€¯home toâ€¯hundreds of thousandsâ€¯of innovative technological firms, both startupsâ€¯and large enterprises.â€¯Business models and workplacesâ€¯are changing,â€¯andâ€¯more peopleâ€¯are either workingâ€¯from a coffee shop, their home or office.â€¯They are the backbone of our economyâ€¯and they all rely onâ€¯fastâ€¯and reliable digital connectivity toâ€¯run their businesses successfully.”â€¯â€¯
“Action needs to be takenâ€¯nowâ€¯to unleash ourâ€¯digital economy,â€¯which is alreadyâ€¯worth nearly £184bn,” said Fell. “This meansâ€¯the governmentâ€¯mustâ€¯unlockâ€¯investment,â€¯update the law to help everyone get access to gigabit broadband andâ€¯spur businesses to adoptâ€¯new technologies.”